Insights

Digital Transformation Picanol Group has launched PicConnect, a fully digital platform for IoT and service-related applications, presenting an opportunity to offer connected machinery solutions, predictive maintenance, and remote servicing to enhance uptime and efficiency.

IoT Enablement With PicConnect and OmniPlus-i TC Connect deployments, there is a clear open door for selling connected weaving machines, telemetry, data analytics, and cloud-based service tools to optimize textile manufacturing workflows.

Global Expansion As a multinational player with diversified divisions (Weaving Machines, Industries), Picanol Group actively engages in international events such as IGATEX in Pakistan, indicating opportunities to propose regionally tailored equipment upgrades and after-sales packages.

Strategic Partnerships The company maintains a broad partner ecosystem (agents like Madhani Associates, Tessenderlo Group stake) that can be leveraged for channel-based selling, co-marketing, and bundled solutions across markets.

Cyber Resilience Past ransomware incident highlights a need for robust cybersecurity, making cybersecurity hardening, secure remote access, and data protection services a relevant add-on for their digital platforms and connected equipment.

Similar companies to Picanol Group

Picanol Group Tech Stack

Picanol Group uses 8 technology products and services including Microsoft Power Automate, Microsoft Power Platform, Power BI, and more. Explore Picanol Group's tech stack below.

Picanol Group's Email Address Formats

Picanol Group uses at least 5 email formats:
Picanol Group Email FormatsExamplePercentage
First.Last@picanol.beJohn.Doe@picanol.be
84%
FLast@picanol.beJDoe@picanol.be
12%
First.MiddleLast@picanol.beJohn.MichaelDoe@picanol.be
2%
FL@picanol.beJD@picanol.be
2%
First.Last@picanolgroup.comJohn.Doe@picanolgroup.com
100%

Frequently Asked Questions

What is Picanol Group's stock symbol?

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Picanol Group is a publicly traded company; the company's stock symbol is 0FM2.L.

What is Picanol Group's official website and social media links?

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Picanol Group's official website is picanolgroup.com and has social profiles on LinkedIn.

How much revenue does Picanol Group generate?

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As of July 2026, Picanol Group's annual revenue is estimated to be $10M - $25M.

What is Picanol Group's NAICS code?

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Picanol Group's NAICS code is 333 - Machinery Manufacturing.

How many employees does Picanol Group have currently?

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As of July 2026, Picanol Group has approximately 1K employees across 5 continents, including Europe, Asia and North America. Key team members include R&d-Manager: K. R., Manufacturing Manager: S. C. and Marketing Communications Manager: E. D. Explore Picanol Group's employee directory with LeadIQ.

What industry does Picanol Group belong to?

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Picanol Group operates in the Machinery industry.

What technology does Picanol Group use?

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Picanol Group's tech stack includes Microsoft Power Automate, Microsoft Power Platform, Power BI, Microsoft SharePoint, MongoDB, Microsoft 365, Atlassian Jira and Atlassian Confluence.

What is Picanol Group's email format?

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Picanol Group's email format typically follows the pattern of First.Last@picanol.be. Find more Picanol Group email formats with LeadIQ.

When was Picanol Group founded?

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Picanol Group was founded in 1936.
Picanol Group logo

Picanol Group

MachineryFlanders, Belgium1001-5000 Employees

The Picanol Group is an international, customer-focused industrial group based in Ieper, in the Flanders region of Belgium. It develops, produces, and markets advanced weaving machines, engineered casting solutions, and customized controllers through its Weaving Machines division and its Industries division. It maintains a listing on Euronext Brussels through Picanol nv, reflecting its public-market presence. It serves customers in the textile machinery sector and broader industrial markets, delivering equipment and engineering solutions that support automation and performance. A notable recent development is the 2023 launch of PicConnect, a fully digital platform that supports IoT and service-related applications, and in 2025 the group participated in IGATEX in Karachi to engage with international customers.

Section iconCompany Overview

Stock Symbol
0FM2.L
NAICS Code
333 - Machinery Manufacturing
Founded
1936
Employees
1001-5000

Section iconFunding & Financials

  • $10M - $25M

    Picanol Group's revenue is estimated to be in the range of $10M - $25M

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